Barbra Murray
Coldwell Banker Commercial: Brick-and-Mortar Stores Still Desirable
Forty-seven percent of the survey’s respondents indicated that they favor shopping in stores over buying online. Participants also expressed their loyalty to small businesses and penchant for boutique stores.
New York REIT to Sell NYC Office Tower for $255M
The agreement to sell the 345,000-square-foot building at 333 W. 34th St. to Brookfield marks yet another step forward in the REIT’s plan of liquidation.
Balfour Beatty Lands $581M Contract in Texas
The company will advise the Texas Facilities Commission on construction of the first phase of the state office and promenade project in Austin.
Apollo Commercial Provides $250M for Manhattan Office Project
The finance REIT’s loan is part of the $479 million construction financing package backing Cove Property Group’s Hudson Commons, a 700,000-square-foot office redevelopment and repositioning endeavor in the Hudson Yards/Penn Station submarket.
UPMC to Build Pittsburgh Hospitals for $2B
The health care provider will develop three cutting-edge specialty hospitals totaling more than 1.6 million square feet in the Steel City’s metro area.
NAR, JLL Keen on 2018
Sharing their thoughts at the 2017 Realtors Conference & Expo, economists from the National Association of Realtors and JLL expressed confidence in the 2018 commercial real estate market.
EY Takes 600 KSF at One Manhattan West
The global professional services firm has signed on to occupy 17 floors within the 67-story skyscraper, which Brookfield Property Partners is currently building across from the Empire Station/Penn Station Complex.
C&W Fortifies Talent Roster with Promotions
The commercial real estate services firm has appointed five of its own to top management positions in the Americas division. The group includes Carlo Sant’Albano, Joe Stettinius, Andrew McDonald, Dan Broderick and Mike Smith.
First Tenant at Boston’s 121 Seaport Signs for 250 KSF
Cresa Boston secured the space on behalf of tenant PTC, which will set up its new global headquarters in the 480,000-square-foot tower currently under development by Skanska US.
Transwestern: Autonomous Vehicles to Shape CRE
Driverless cars will one day be ubiquitous, and their presence will have a tangible effect on the urban landscape, changing development activity in the office, industrial and retail sectors.